45 Room, Fully-Furnished, Fully-Equipped Boarding House

Here is a unique opportunity to acquire a high-yielding, fully compliant, well-maintained, full brick building licensed for 64 persons.<br/><br/>Comprising 45 rooms, all furnished and equipped with kitchenette, TV and fridge. The communal area includes multiple male and female bathrooms, 4 commercial style kitchens, commercial laundry and a lovely North facing<br/>courtyard.<br/><br/>Modern CCTV surveillance system. Land size 834.72m2, building area 820m2 (approx.).<br/><br/>This recession-proof, land tax exempt investment with excellent cash flow of approximately $603,000 per annum, in close proximity to shops and transport, with competent management in place is perfect for investors or super funds.<br/><br/>Disclaimer: We have in preparing this document, used our best endeavours to ensure that all the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements contained in this document.